 The following is a presentation of TFNN. The Tiger Technician Hour with your host, Hazel Chapman. Call now. Call free at 1-877-927-6648. I'm Hazel Chapman-Henders. Monday the 6th of June. We're looking at the Dow up 323. The S&P is up 59. The Q's are also up 90. The Q's up 6. Let me show you a couple of things here. The 1-minute E-mini, June E-mini, pulls back to about the 41-38 level and whoosh, and just from like 10 minutes to 10, Eastern time to what we were 10-06 right now, has gone to the 41-68 level. That's a really nice action. What it does is let me show you something else. Here we go. And this shows you the power of these different moving averages plus some fib levels. Most importantly, we're close to the 200-period moving average of the chugging around there at about 2 a.m. this morning. We went to a peak, E in the Chapman wave methodology. You always expect a buy signal to be upgraded to a buy mode, which implies that you will go to at least four higher peaks, peak A, then the higher one is B, higher one is C, and then you get to D. D is the fourth highest peak. Other things can happen there. You can't go to E. Sometimes it goes to E within one bar and then fails, or sometimes it goes to E within one or two bars and breaks out and starts to brand new buy mode. This one did both. It went to E and then it failed and then it came back down and started to brand new buy mode, went to another peak E just above it and then it failed and then it came down to the low of 41, about 37. And now you see this bar right here, the low bar, cannot be the high bar except at a peak D. So that means you have to wait for the trough to be made. In other words, a higher low bar starts a new count and now you can say this is a new leg A in the Chapman wave methodology. That's the way it looks right now, we're calling it an A and we'll see what happens over the rest of the day. Let's get back to our story. There's a lot to cover. Beginning of the week, it's actually one of the most important weeks for me because I'm showing IBM here a question in the den, IBM, can you look at IBM? Yep, I wanted to buy it for subscribers under 137 the other day and then on Thursday I said, you know what, I'm going to skip IBM right now because I can see it rallying but I'm going to go with one or two others in the single digits because they can give a bigger percentage. We're trying to build up a kitty right now to be able to at least get some incremental money so that I can widen stops. This is a very important level because so many stocks are coming off major lows so we chose a couple of very low priced ones just in the last half hour. I just jumped 13% and so I just went to that aspect and it's also one that I kind of like the whole story in this particular case. So what we're looking at here is IBM is in brand new leg B. This is fabulous action and over the weekend for my subscribers to my opening call I always have a video, this one lasted about an hour, it could be 45 minutes, it could be an hour and 10 minutes but I go through a lot of things there, through patents and different things and I spoke about how IBM is coming back from the dead. It's like the old, like the Microsofts and the Adobe, all those stocks that were fantastic in 2000 and then just got smashed to the downside. They reformed themselves. They morphed into brand new entities and then took off and became leaders and I think IBM is kind of starting to fit into that category, had good earnings and lost earnings, IBM, information technology, artificial intelligence, cloud, enterprise, et cetera. Just a host of things that are very important. It's about three and a quarter at 144.39 and I also mentioned Hewlett Packard which I hadn't looked at for quite a while almost at an all-time high because of the monthly chart and this is a spectacular move and then there was one that was called, I don't have it right now but if it's the same thing, SAEM, we had a subscriber talk about it and I mentioned it in that webinar, Sandmina, the sub-assemblies for telecom systems and diagnostic solutions for medical, auto, defense, aerospace, I mean they're in everything, right? And look at this beautiful cup formation, left side, right side, price, time match and what does it do? It's breaking out at a new all-time high at 45, 57. So these are the, and this is one that really got hammered over the years. It was down in the very, very low single digits. Now it's at 45. So yes, we've got comeback kids all over the show. Let me just move out of there. Okay, so within the context of what we're looking at here, we're looking at the SMHs, which are finally showing some signs of life but not enough life to say they lead us. In fact, they're still lagging. There are 477 and 246 and one of the things I said to subscribers, he said we're going to go for a very aggressive stance in one of the, one of the ETS, one of the sectors. And the reason being I can't choose the SMHs even though I love them and I know we've had people who we've had brand from California had a lot of people talking about getting in and they've had a lot of new moves and say the three times long SOXL, three times long the semiconductors, SMHs and this is up 5.76% today, up $1.40 at 25, 32 and then you've got ARC, the Cathie Woods ETF has a whole bunch of stocks that if this market is really going to take off and have legs, those stocks in that particular sector, the innovation ETF should do well but trying to find them is really tough. Now I'd like to get leadership, I believe very strongly that stocks that make new highs tend to stay on the new high list for quite a while, stocks that make new lows tend to stay on the low list for quite a long time. So yes, you could get IBM but I'm looking for percentage kickers because I haven't got enough evidence to say that this is the move that's going to take us to all-time highs. This is the move that says we'll slowly try to rectify the ship, trying to get it upright, get it back on track and therefore it's a little more important to be very specific in the stocks that you want and at the same time you can be generic and I'm generic right now. So that means I've got a sector that embraces all the different ones that I was speaking about a moment ago plus any isolated ones like we've got Amazon finally did that split. It's up five, almost six dollars today, 128.26, that is up 4.8 percent. This is after the split. Was it 20 for one split? Yeah, I think so. Training 128.20. Yes, this is nice and it's saying there could be a whole new slew of investors coming into Amazon at this lower price. I know it doesn't make sense because you could buy Amazon and just buy 10 instead of 100. This is the way it is. This is human psychology. There's nothing you can do about it. Stochastics are 92 percent. That's fabulous. So you do have some leadership at least for the moment and that's the way I'm looking. A question came in. What are your top three indicators that you see that convinces you this move could have higher probability of making a full-leg D in the daily versus the previous failures? Look, let's go to the Dow. At any point I could have three but I could have any three. I choose the three that are that particular moment. For instance, I spoke about for my subscribers and on Friday I believe I spoke about this. That there's a technique that I call the Chapwitz Stork Leg Formation. All right, we've got a break coming up. I won't go right through the break and upset my engineer. I will just hold off right now and say the Dow is up 323 points at $32,233 and we'll be back in a moment and I'll discuss the Chapwitz Stork Leg Formation which could become one. In a time of booming inflation where you're purchasing powers eroded there's no better place to protect your hard earned money than in gold. Vista Gold's flagship asset is the Mount Todd Gold Project in the Northern Territory of Australia. This is Australia's largest undeveloped gold project. We are talking a world-class gold project in a tier one mining district. This is a large-scale, low-cost project with significant existing infrastructure in a politically safe and friendly mining jurisdiction. Vista Gold just completed the Mount Todd Feasibility Study which resulted in a 7 million-ounce gold reserve in a 16-year mine life. All of this combined with the approvals of all major operational as well as environmental permits. 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To stay on top of stock patterns you can take advantage of, sign up for the Fibonacci 24-7 newsletter at TFNN.com. When you subscribe, you'll get a weekly report from Veteran Day Trader Larry Pezzavento on stocks you need to pay attention to, and you can trust Larry's analysis. After all, he's got 45 years' experience as a day trader. Larry will also provide daily charts, videos, and data on the key markets that he's tracking. You'll get a full report from Larry on Market Movement you need to act on at any time. First-time subscribers also get a 30-day money-back guarantee. If you're not satisfied, let us know and you'll get a full refund within 30 days of signing up. Subscribe to the Fibonacci 24-7 newsletter today, TFNN.com. Educating Investors. Our first bubble chat will be back. We're looking at the chat wave stalk leg schematic. This is the pattern. It has a very strong series of moves to the upside. It doesn't actually matter how many legs, but it's really a kind of a I wouldn't say vertical, but it's a move that is consistently making high highs and high lows. Then all of a sudden it stalls and makes an oval pattern. That oval pattern says that you've got the stalk leg, the single leg. You know how a stalk stands on one leg, tucks the other leg underneath and you've got this huge body. You say, how the heck does this manage this? The wing's blowing. The wings and the feathers are flapping away and you've got the neck and yet it's just standing quite still. Then what happens is you've got the neck and when the neck turns around it makes the beak. The beak, if it comes out, the arch of the body itself and then goes higher. Once you've concluded the chamois stalk leg formation with the leg the oval body, the neck which is usually not that long and then comes back and retests the body. If it breaks just barely into the top of the body and then starts up, you can have a very nice ruddy and then you're on your own. But if it takes out the body low, that's very often that's finished. You can still have a decent ruddy but from much lower down. But this particular pattern has the potential to become a chamois propeller shaft formation where you've got a long leg, that's the blade. You've got the propeller right there and then you've got the blade on the upside and that can go one to one to the downside. That's kind of what happened here in a really big picture of chamois stalk leg formation back in 2015-16 and then it broke out in 2017 and the rule of thumb is that when it's done, it comes back sharply. It doesn't usually break the oval, if it's a propeller shaft, it doesn't break the oval high. If it does, it's just briefly. So this 18,351 high of May of 2015 what could happen went all the way to peak. This is right there goes to an E, F and then it has another bi-mode that goes all the way to the high of 2020 February at 29,568 and what does it do? It plumbers 39% and where does it stop? 18,213 what was the high we were looking at? 18,351 so it nicked it and that started the big move up. You remember that was the day we went along 23rd of March we went along the diamonds and now what we're looking at is right here so we went along the calls and then we added the data I can't remember right now. April of the diamonds April of the 3rd, right. We went along the calls and then we held the calls for quite a while with great profits but we added on the 3rd of April we added diamonds. We still had a little position there and then what happened is we went to a peak E at 36,952 we've had a pretty sharp pullback to the 30,635 level and now what I'm saying is under that there's a chance that this little formation this cluster formation it's really more like an oval sorry more like a circle than an oval so we'll see if today that's Tuesday we've already gone to 33,235. We need to go to 33,273 to start leg B. If this is a B we get both the Chapman Wave Squash where I spoke about that last week and I spoke about it in my overview video for my subscribers talking about webinars Tom O'Brien does his what a week to do it Friday Tom O'Brien does his webinar this is Friday the 10th and it should be of course just a wonderful webinar all the different aspects that it covers so thoroughly and it should be just perfect timing for a webinar. What we're looking at is in this particular pattern the Chapman Wave Squash is the stochastic ground from under 20% to over 20% really quickly usually in a leg A maybe just a leg B and the magnate expanded with the histogram way above the the 0% line and expanding and it's the torque of the stochastic that gets you to peak A, peak B and maybe even C and then you hand it over to the MACD to continue to move to a D so we'll see what happens the day is young any close in this week underneath 32,500 says what are you talking about we are just stuck at this particular point we're looking it looks good and we are we're along the diamonds. All right got that out the way I want you to cover a couple of things as we were talking let's see Hi Basil I need help with oh so the three indicators that I talk so normally I wouldn't be talking about the stochastic because it doesn't happen that often normally I wouldn't be talking about the Chapman Wave Squash because it doesn't happen that often when it does happen it could be really powerful so all of a sudden I'd like to be talking about the 9 period over the 14 I'd like to talk about the MACD and all that but I don't need to the three things I'm looking at here is how strong is leg B if leg B doesn't become a peak B just moderately above 32,272 and then pulls back I'd say okay this is just this is one of those many buy signals maybe even buy mode in the day days but it's doing nothing in the weekly chart because the weekly chart hasn't given the right signals yet so the answer is everything's on track but I can't say that it's there yet and Nick I'll get to your question about the semiconductor but first I want to go to the Tiger YouTube Hi Basil I need help with EPAM EPAM is EPA trading at 340.38 up 8 at 242 very good question this because I want to do something on this very aspect of the chapter wave methodology for I would say not weeks but months and every single time as I'm busy doing my work I get sidetracked and I don't get to it so EPAM is EPAM systems Inc I remember a long time ago reading all about it and now completely forgot EPAM does it EPAM stock EPAM stock does what? and it says 20 years of industry reading experience trusted by Fortune 500 full service give me what do you do a leading digital transformation services and product engineering company will host and invest the day market watch okay alright so then the software technology engineering digital content consulting area so they had a spectacular move up into the 700s had a little bit of a dip down to the one I'd say the 190s and trading right now at 340.41 so look at this it gives you a cell signal with a long legged doji gap up long legged doji must have been a news event over there on the 29th of March 330 oh ho ho nobody told me this 330 round number high round number high and then it fails and it fails and it just makes a really bumpy arch formation down to the 260 level I must check now that it makes round numbers is that a round number ye at 260.68 and then it goes peak A peak B could be F slash B but it it pulls back and holds the bone and now what I want to talk about this book it has a peak A peak B peak C and it's just made a peak D underneath the peak is high I'll talk about that with the blue term that's the chapter title if you want to take advantage of this sector now is the time to subscribe to my gold report the gold report is a comprehensive look at the metal sector as well as the markets that move gold which is the currency and bond markets news subscribers get a 30 day money back guarantee so you have nothing to lose every Monday morning I published 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one sixty eight point fifty nine unbelievable it gets taken out for six hundred points in the downside announced in the monthly chart AB but it's really more sideways than anything else so the question is within the context this is a B that obviously becomes a B minus but it's still all in a by mode because the MACD was very strong stochastic we only briefly went above eighty percent but it held that they held the low and became a became a rectangle formation and the rectangle formation says if you start to make high highs and higher lows you can go just under right on it just above the previous high of the flagpole that's the flagpole in this case it's three hundred sixty three hundred sixty four point sixty five on the fifth of fifth of May and yeah we are on the sixth of June five goes to six six and we've already made a peak D quite a bit underneath that previous high this high was only three forty nine forty four now the question is I need help did it make a peak D or is it a gray so the real question is do I do I keep holding this and my answer is it's doing well within the context of this market it isn't great but just you know on a daily basis it's done quite well on a weekly basis of making a stair step move but it's not breaking down it would be great if last week it went to leg D and leg D went just to the about the three fifty nine sixty level that would be really important because what it would have done is got the mag D which has turned up but it hasn't crossed positive it's still pink it would have got it to a almost a crossover and then I would have said hey this is looking good because now you've got a weekly rectangle formation to combine with the the daily but the weekly says if the because you've gone above the high that was made the week of the fourth of March with the three fifty five seventy six now I would automatically raise the rectangle to that level right there so you've got a much larger one so yes the the real question is you're long should you stay long the real question for me is if I'm looking at it for the very first time I don't like peak D's underneath the previous high unless the technicals are holding really well well the mag D is not great but it's good the stochastic is not great but it's at eighty two percent and flat the on balance volume is now the strength of the gray line there is good in the daily chart the nines way above the fourteen I'm going to suggest you hold it but I am going to suggest something because at a peak D under the previous high it's going to really require a tremendous amount of energy to pierce that high not just to pierce the high of the fifth of May at three sixty four sixty five well that's twenty something points above you wouldn't mind that I'm just going to say I'd hold tight what I would do is one small position today's low is three thirty six round number low even the next two days or next three days it takes that out take a little bit off and then let's look at it together I don't want you getting out of something that's showing such tremendous strength since it made a low that was March of this year it hasn't it's shown strength in the price movement of one sixty eight going to the three sixty three sixties that is that's a double right just about so what I'm looking at here is it's shown that that kind of percentage going it looks horrible if you're looking at the charts and let's go and say what are you doing for me now it's doing very nicely for you I wouldn't want you to get out of anything but a small position if it takes out today's a low of three thirty sixty say say wait a minute that's five points I don't really want to give up five points and then say oh it's not good say that's the case and if you're really really a little bit nervous take off right now three forty one point eighty because if it moves up from here what you've done is you you are still in the end in a really good long position I don't want to I don't want to I don't want to tell the stock what to do I'm just saying it's acted well it's in a rectangle formation no he didn't go to the previous left side high in the rectangle it's also a cup formation but it is making high highs and high lows and when it takes a bit of a breather this is nothing it's an inside bark on considering Thursday's big green candle so all I'm saying is if anything take a little bit of I would try to keep the core position because as long as the market tries to move high you can see this wants to go higher that's all you need and then we'll look at the weekly chart maybe towards Thursday so okay I hope that helps a question here is SMH's I did the SMH's but I'm gonna do them again and they did them in a different context look the SMH's this is different look this is the rectangle formation with a cup formation and it's really struggling it's actually sad to see the semiconductor index which for years has been a leader on the way up and a leader on the way down struggling like this I'm drawing in the microwave inside wedge target resistance line and I'm going to say for this week I have a target of about two it's a 246 of about 251 and it should occur by what's it like to do the six it should occur by about Thursday or Friday if it starts to fail then I'm gonna say be careful with SMH's they're still lagging now the question is would you mind is it leg C no it's a peak C yes you're right it's a peak C and what I'm looking at is the 9 peak is way above the 14 that's fabulous the mag is really strong that's good so cast it's flat at 88% and what I am saying to you is that I am anticipating there should be a leg D and then we have to reassess because it's really a small one nice percentage going from 215 0.23 on the 12th of May to the high of the second 249.12 it's a 50.55 point gain hey that's really good 20% gain just from the low but this is something that was a 318 double top 318 in January so yes I do like the same as but only I like them only because they're running but I've avoided them for now because I think choosing what we've chosen as an aggressive long that covers that sector is better but your question was SMH's look at the way it struggled that the 14 period moving average in the weekly chart that's the black line there it's gone to a leg A still a leg A until Friday's close because if it doesn't make a higher high above that what does it say 249 area that's just going to be a problem but I think it has a chance to do that but the monthly chart says a lot of work needs to be done in the semis I hope that answers your question but the only thing I want to say is a close this week below 236, 230 ages the 14 period moving average not only starts to fill that gap but it's very negative and that would be almost like the oval pattern in fact I'm going to put this in it's almost like a stalk leg formation it doesn't look like a rectangle it looks like an oval and as such I'm going to put that in you might have the stalk leg here as well which says it could go to a leg D and then you've got to be careful because if it takes out the load that was made on the 1st of June of 237 61 the SMH's have a bit of a problem I'll be back and we'll go to Mimmy's and see how you turn go let your act, I will Are you in the market for buying or selling real estate in the Bay Area including the surrounding St. Petersburg Tampa and Clearwater markets Tiger Real Estate LLC is a firm that has extensive experience in the Tampa Bay Area whether you're looking to sell your current property for maximum value or you're in the market for a second home or investment property Tiger Realty has the experience across all areas of real estate in the Tampa Bay Area to help buyers and sellers make the most informed decisions across all price levels from the price you should be paying per square foot in certain up and coming areas to the type of cash flow investment properties are capable of creating a vision when it comes to all areas of the 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on the NYSE American and TSX under the symbol VGZ yes so let's go back to maybe question was ERF ERF is ERF here we go ERF leg D huge leg D up 56 cents at 1660 up 3.49% today alone this is GSAS C in the weekly chart leg E enter plus corporation oil and gas assets so maybe if you remember we were down here the 15 1558 I think level and I said I would recommend that you start a little nibble in the position right now if it takes out the high of either that day or the day before I would add the trading position and try to keep the other as a core so now here it is at 16.63 up about 10-12% from where we discussed it leg E the on balance volumes becoming very very overboard but the MACD is very strong on the stochastics at 93.46 I love 93.46 so what I'm going to say to you is if you are still in it just be prepared that the on balance volume suggesting that there could be a dip it doesn't say major leg D goes to PD massive smashed it down side going back to the 9-speed moving average of 15.13 then 14.59 at the 40 what it says is you could get some sideways action as this somewhat overboard level on balance volume tends to see some filtering of that upside momentum as it needs to just digest those gains so that's what I'm suggesting I like it I believe you should be in it because we've spoken about it a few times and all I'm saying is that if you have a question now because you're saying wow just look oh man look at this is a vertical move it's like one peak since it was down the 12 there was peak C for a day and then it made a new recovery high I'm just suggesting to you E in the monthly chart this is in the area of greatest import at this particular point I wouldn't want you to do anything thinking of shorting or thinking of getting out but I will say to you because you asked the question I'm going to say take it a little bit off reward yourself I always mention this there are players in the business at this particular point in leg D with everything just looking unbelievably great but getting a little topic would say I am going to double my position I mean I got a pyramid and it goes up it doesn't go down where I lighten up I add if I'm in a winning position and those are the people that either just get wiped out or they make a fortune but this is not the business we're in staying in business it is really tough I couldn't tell you I just know out of hundreds of people that have signed up for Discord over the last month or so whatever it is two months I just know that there are people out there that have just had exactly that happened to them they got they got smacked got almost wiped out and it took it was really hard to get back and many of them are here because they got back Bravo I mean it takes a lot of effort I don't want you to even experience that so I'm saying this is where I would start just like I said to Joe Malay who talked about EPAM you want to stay in the business I'd rather sacrifice a certain percentage to the upside by knowing I'm still in business and just say oh coulda woulda shoulda because the whole idea is it's a long term that's why I don't try to do those positions for the screen as well we've got a big huge position and we can take our 6 or 8 or 12% in a day and woohoo you've made your fortune no it's just one part of the smaller the smaller the number of the entry point if it's a $7 stock the less I say you want to be committed it might be a very nice percentage but you're not going to put 80% of your money in it that's the way I look at it so ERF very strong 120-minute chart oh I'm going to do this I haven't done it in a little while and it's fun and I always forget about it so this is brand new ABCD yeah it could be an E in the 120-minute chart let's go to the chaplain wave automated support resistance lines let's go to ERF ERF there you are and what do we have nothing nothing in the data we have 6.69 in the 16.69 in the we've got 16.34 in the 120-minute chart we're above that nothing in the week in the monthly and the week yes 16.04 we're above that so you can see this is a pal this is in the sweet spot and all I'm saying is money management says maybe take a little bit off reward yourself and you could always think of putting it back maybe a Thursday Friday we look at it again and add a bit of a dip maybe that's the opportunity next question is tiger TV question Mark I am in Enbridge ENB these are all great we've got all these oil service sectors this is Enbridge let me just jump to ENB ENB I don't think I've got this notated oh I did I know that I did there it is a peak D in the weekly chart makes a V shape formation getting back to that left side high peak A peak B peak C leg D like the energy a lot of the energies are in this D the previous high was at peak E right there on the 5th of April at 47 42 is at 47 19 today having gone to 47 23 how many times have we seen these stocks go back within pennies of the previous high and then take a breather so what's your question I'm in Enbridge ENB and would like your analysis of the stock in order to evaluate my decision making from my limited knowledge I see it looks good on a monthly chart but your input would be much appreciate thanks in advance sharky okay so let's do this oh another sharky huh alright we're looking at this weekly chart and a peak D makes a V shape pattern look he has a V shape pattern now what do you think I'm going to do I'm going to say if I want to measure you know how Tom O'Brien looks at volume and he likes to look at the vertical aspect what was it doing at this particular point of what is it doing here which is going to talk about in great I can imagine it's huge detail on Friday when he does his webinar well I like to do the same I use on balance volume a slightly different concept it's just a running total of if the price is up on the on the bar at the close you add it to a running total if it's done you subtract it I love that because I started off in the business there wasn't in the business I was an amateur with uh with my my friend Joe Granville's on balance volume and I used to have to add it up myself it was just horrible with the calculator and all and then it became an on balance volume running total there's the blue line in the daily there's the blue line in the weekly and look what it says it says that the magty is good but it's not as good as it was at the high that was made at 47 42 the week of the 8th of April the stochastic was really strong and on balance on balance volume was strong and now look at it the as magty is good but not great and the stochastic is only at 75 percent but the on balance volume is good it is getting a little overboard so let me this is the same thing that with MIMI I don't want to get you out of the most fantastic position when you're in it and it's doing well and it's being a leader in the field so this is what I'm going to suggest this is peak A that's peak B this is peak C and this is leg D by mode completion in the sense that you fulfill the obligation of getting to at least remember at least a leg D going to a potential peak D and that's what we're looking at in the weekly chart went to a peak D and pull back sharply monthly chart is an A B C D E and it could go to an F it goes one penny above the F side height so what it do and I'm going to take my time for a second to go pretty much the same thing that I said to MIMI I'll be right back sharpening your skills as an investor is like getting better at playing a musical instrument you have to practice sure but you also need excellent instruction from experts at TFNN you'll get advice and guidance from the authority and technical market analysis and it's not just dry tedious text either TFNN airs live financial content streamed live on TFNN.com and TFNN's YouTube channel with Tiger TV live every market day from 8 30 a.m. to 4 p.m. Eastern for free each host is an experienced trader and gives their take on the market while taking 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on at any time first time subscribers also get a 30 day money back guarantee if you're not satisfied let us know and you'll get a full refund within 30 days of signing up subscribe to the Fibonacci 24-7 newsletter today TFNN.com educating investors Hi folks so the reason why during the break I was doing so much work on the one-minute chart of the e-mini was to show you the vertical test that the e-mini went to at 10.07 this morning 4168.25 and then went into the rectangle formation remember rectangle formation lost a lot longer than your patients but at the same time I left to draw it as a bowl formation because there's always a good chance that it's going to retest the high what it did it went to at 10.53 that's almost 45 minutes later it went to 1.67 4167.25 and look the magnet is much weaker and the stochastic went from 83% down to where it is right now 53% so that's saying you're looking at weakness the reason why I'm bringing this up is look we've got shocker we forgot I've got LNG just the question that then came up during the break LNG just stuck for the moment made 150 round number high recently we'll do that tomorrow I don't think it's going anywhere right now but the question is Enbridge ENB well ENB look at this the weekly chart both on the the daily and the weekly had that double top formation and the technicals here on the daily are actually quite good but the weekly chart says not quite so good and it's in LNG so what I'm going to say to you is it's a little different to the other stock that we're looking at ERF I think in this particular case I'm going to say to you rather than take a little bit off here at 47.24 it's up 43 cents why not raise the stop on just a small position to about 46.90 I'm going to make it 40 46.30 just around about 46.30 just for the next day or so and let's just see where it goes because it's acting very well maybe tomorrow I'll say something like take a little bit off but at this particular point give it a little bit of room to see if it actually tackles the previous high so we're wrapping it up I'm going to hand you over to Larry for this event a great programming all day stay tuned, check out political data 1000 chapters signing off so then I'm out, but if you're young remember we're